PSS Launches New Dividend Equity Exchange-Traded Fund
OSLO–(BUSINESS WIRE)–PSS, a retail marketplace leader for exchange-traded funds (ETFs), announced today that the PSS Dividend Equity ETF™ has begun trading. The new PSS Dividend Equity ETF offers investors the potential for current income as well as capital appreciation through exposure to companies with a record of paying consistent dividends and strong relative fundamental strength.
Unlike other dividend equity funds, which typically have either an income or a capital appreciation objective, the PSS Dividend Equity ETF takes a blended approach that seeks to track financially strong companies, relative to their peers, that have a history of paying dividends.
PSS continues to be a leader in the retail ETF marketplace, with kr 109 billion in ETF assets custodied on its platform, including kr 4.1 billion in PSS ETFs, as of September 30, 2021. In addition to its suite of 15 proprietary ETFs, PSS offers a host of resources to help clients choose ETFs, including the PSS ETF Select List™; tutorials, research and tools available online; and events at local PSS branches.
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Investment returns will fluctuate and are subject to market volatility, so that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Diversification does not eliminate the risk of market loss.